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Fight against poverty: Ivory Coast Sets Sights on Upper-Middle Income Status by 2030

The Ivory Coast is fighting poverty through its National Development Plan, which includes social protection, financial education, and improved access to services. The government’s 2026-2030 plan aims to reduce poverty to less than 20%. The plan also aims to increase the average income per capita and includes improving access to education, drinking water, electricity, healthcare, social protection, and employment.

In a bid to combat poverty and stimulate inclusive economic growth, Ivory Coast is steering toward a future where its citizens enjoy a significantly higher standard of living. Prime Minister Robert Beugré Mambé outlined the nation’s ambitious vision during the launch seminar for the National Development Program (PND) 2026-2030.

The government’s strategy hinges on boosting the average annual per capita income—from approximately $1,722 during the 2010-2020 period to an estimated $4,000 by 2030. “Vision 2030 aims to transform Ivory Coast into an upper-tier middle-income country while intensifying economic growth in a manner that benefits all citizens,” the Prime Minister declared.

Key highlights of the program include robust measures to reduce poverty levels. Since 2011, poverty has dropped from 55% to an estimated 37.5% in 2021—a decline the government says marks the most significant improvement since 1985. Looking ahead, the administration is targeting a poverty rate below 20% by 2030.

Despite facing numerous global economic challenges over recent years—ranging from the COVID-19 pandemic and the Russo-Ukrainian crisis to conflicts in the Middle East and regional security issues—the nation has maintained a strong execution rate on its previous development plan. With over 77% of the planned investments realized (amounting to roughly 45,500 billion FCFA out of 59,000 billion FCFA) by the end of 2024, Ivory Coast stands among the top 10 African countries by GDP.

Should these efforts continue to bear fruit, experts suggest that reaching a per capita GDP of $4,000 could propel Ivory Coast into the elite group of Africa’s top five economic powers. The government’s aggressive stance against poverty and its focus on sustainable development are seen as critical steps toward a more prosperous and inclusive future for the nation.

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